Mortgage Rates In 2024 Predictions. In 2024 as modest price declines take hold and mortgage rates dip, the typical purchase cost is expected to slip just under $2,200 which would amount to nearly 35% of income. In this blog, we will dive into what influences mortgage rates and expert predictions for 2024.

“fixed mortgage rates fluctuate all the time as they depend to a. Greg mcbride, bankrate’s chief financial analyst, expects rates to fall gradually throughout the year, reaching 5.75 percent by the end of 2024.